SCIENCE AND TECHNOLOGY CAMPUS CORPORATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- SCIENCE AND TECHNOLOGY CAMPUS CORPORATION (EIN 31-1458153)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-02-13
- IRS object ID
- 201710449349300726
- Schema version
- 2015v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-02-13T09:32:04-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 310893064 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DALE SAYLOR & ASSOCIATES CPA'S | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5640 FRANTZ ROAD | AddressLine1Txt |
| City | DUBLIN | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311458153 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCIENCE AND TECHNOLOGY CAMPUS CORP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCIE | BusinessNameControlTxt |
| Phone | 6146754100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1275 KINNEAR ROAD | AddressLine1Txt |
| City | COLUMBUS | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43212 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL SUHOVECKY | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6146754100 | PhoneNum |
| Signature | 2017-02-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DALE R SAYLOR CPA | PreparerPersonNm |
| PTIN | P00367146 | PTIN |
| Phone | 6147664224 | PhoneNum |
| Preparation | 2017-02-13 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KEITH MYERS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1275 KINNEAR ROAD | AddressLine1Txt |
| City | COLUMBUS | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43212 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,596,598 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.STCC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1996 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | THE CORPORATION IS FORMED AND ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF ADVANCING, ENCOURAGING AND PROMOTING THE INDUSTRIAL, ECONOMIC, COMMERCIAL AND CIVIL DEVELOPMENT OF AN AREA TO SERVE AS A RESEARCH PARK FOR THE COMMON BENEFIT AND GENERAL WELFARE OF THE OHIO STATE UNIVERSITY, THE STATE OF OHIO, FRANKLIN COUNTY, OHIO, THE CITY OF COLUMBUS, OHIO AND THEIR RESPECTIVE COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 4 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $300,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $100,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,514,270 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,493,246 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,896 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,352 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $6,817,166 | PYTotalRevenueAmt |
| CY Total Revenue | $6,596,598 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $151,495 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $137,740 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,790,395 | PYOtherExpensesAmt |
| CY Other Expenses | $5,222,752 | CYOtherExpensesAmt |
| PY Total Expenses | $5,941,890 | PYTotalExpensesAmt |
| CY Total Expenses | $5,360,492 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $875,276 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,236,106 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $34,783,202 | TotalAssetsBOYAmt |
| Total Assets EOY | $34,762,764 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $21,927,927 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $20,671,383 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,855,275 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,091,381 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE CORPORATION IS FORMED AND ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF ADVANCING, ENCOURAGING AND PROMOTING THE INDUSTRIAL, ECONOMIC, COMMERCIAL AND CIVIL DEVELOPMENT OF AN AREA TO SERVE AS A RESEARCH PARK FOR THE COMMON BENEFIT AND GENERAL WELFARE OF THE OHIO STATE UNIVERSITY, THE STATE OF OHIO, FRANKLIN COUNTY, OHIO, THE CITY OF COLUMBUS, OHIO AND THEIR RESPECTIVE COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $5,360,492 | ExpenseAmt |
| Desc | SCIENCE AND TECHNOLOGY CAMPUS CORP (SCITECH) IS A NOT-FOR-PROFIT CORPORATION AFFILIATED WITH THE OHIO STATE UNIVERSITY (OSU). SCITECH IS THE SOLE DEVELOPER OF THE 53 ACRE INNOVATION PARK ON THE CAMPUS OF OSU FOR THE PURPOSE OF CONSTRUCTING AN ENHANCED SCIENCE AND TECHNOLOGY CAMPUS. IT PROVIDES SPACE FOR TECHNOLOGY RELATED ENTERPRISES AND RESEARCH AND DEVELOPMENT ENTITIES. SCITECH ALSO PROVIDES FACILITIES FOR COMMERCIAL ENTERPRISES AND RESEARCH AND DEVELOPMENT INSTITUTES THAT CAN BENEFIT FROM THE RESOURCES AVAILABLE IN THE UNIVERSITY COMMUNITY. ADDITIONALLY, SCITECH HELPS FACULTY MEMBERS TAKE UNIVERSITY RESEARCH TO COMMERCIALIZATION VIA START-UP COMPANIES, THUS ENCOURAGING ENTREPENEURSHIP IN HIGH TECHNOLOGY IN COLUMBUS, OHIO. | Desc |
| Total Program Service Expenses | $5,360,492 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 16 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 4 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | false | MinutesOfCommitteesInd |
| Officer Mailing Address | Yes (true) | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL SUHOVECKY TREASURER | BusinessNameLine1Txt |
| Business Name Line2 | SCIENCE AND TECHNOLOGY CAMPUS CORP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6146754100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1275 KINNEAR ROAD | AddressLine1Txt |
| City | COLUMBUS | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43212 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| CAROLINE WHITACRE | ||||||
| BOARD CHAIR | Yes (X) | $0 | $0 | $0 | ||
| TED CELESTE | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM WESTBROOK | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| KRIS DEVINE | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| BLAKE THOMPSON | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| KENNY MCDONALD | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| TOM WALKER | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL SUHOVECKY | ||||||
| TREASURER | $137,740 | $0 | $0 | 30.00 | Yes (X) | |
| KEITH MYERS | ||||||
| PRESIDENT | $0 | $0 | $0 | 8.00 | Yes (X) | |
| MICHAEL MITCHELL | ||||||
| SECRETARY | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $137,740 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ADENA COMMERCIAL LLC | |||||
| 8800 LYRA DRIVE STE 650 | COLUMBUS | OH | 43240 | PROPERTY MGMT | $902,933 |
| AXIS CONSTRUCTION LLC | |||||
| 4427 PROFESSIONAL PARKWAY | GROVEPORT | OH | 43125 | CONSTRUCTION | $570,858 |
| ACE BUILDING MAINTENANCE CO | |||||
| PO BOX 24190 | COLUMBUS | OH | 432240190 | MAINTENANCE | $536,564 |
| ENVIRONMENTAL MANAGEMENT | |||||
| PO BOX 175 | DUBLIN | OH | 43017 | LANDSCAPING | $343,011 |
| BRUNER CORPORATION | |||||
| PO BOX 75683 | CLEVELAND | OH | 44101 | CONSTRUCTION | $322,719 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $100,000 | RelatedOrganizationsAmt |
| Total Contributions | $100,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| RENTAL INCOME | $6,444,481 | $6,444,481 |
| OTHER FEES | $48,765 | $48,765 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,493,246 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,352 | TotalRevenueColumnAmt |
| Exclusion | $3,352 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,596,598 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,493,246 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $3,352 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,740 | TotalAmt |
| Program Services | $137,740 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,036 | TotalAmt |
| Program Services | $11,036 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,989 | TotalAmt |
| Program Services | $28,989 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,481 | TotalAmt |
| Program Services | $213,481 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,430 | TotalAmt |
| Program Services | $34,430 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,065 | TotalAmt |
| Program Services | $2,065 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,876,481 | TotalAmt |
| Program Services | $2,876,481 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57 | TotalAmt |
| Program Services | $57 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $779,097 | TotalAmt |
| Program Services | $779,097 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,261,661 | TotalAmt |
| Program Services | $1,261,661 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,455 | TotalAmt |
| Program Services | $15,455 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,360,492 | TotalAmt |
| Program Services | $5,360,492 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,861,013 | BOYAmt |
| EOY | $2,612,321 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,106 | BOYAmt |
| EOY | $177,940 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $259,865 | BOYAmt |
| EOY | $438,951 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $414,149 | BOYAmt |
| EOY | $352,796 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $46,512,169 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,384,945 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,013,907 | BOYAmt |
| EOY | $31,127,224 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,162 | BOYAmt |
| EOY | $53,532 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,783,202 | BOYAmt |
| EOY | $34,762,764 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $512,374 | BOYAmt |
| EOY | $633,181 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,114,134 | BOYAmt |
| EOY | $2,934,162 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,301,419 | BOYAmt |
| EOY | $17,104,040 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,927,927 | BOYAmt |
| EOY | $20,671,383 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,855,275 | BOYAmt |
| EOY | $14,091,381 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,855,275 | BOYAmt |
| EOY | $14,091,381 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,783,202 | BOYAmt |
| EOY | $34,762,764 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,236,106 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | false | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,645,807 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $318,214 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $300,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $300,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $100,000 | CurrentTaxYearAmt |
| Total | $2,664,021 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,645,807 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $318,214 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $300,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $300,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $100,000 | CurrentTaxYearAmt |
| Total | $2,664,021 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $2,664,021 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $61 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $37 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,896 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,352 | CurrentTaxYearAmt |
| Total | $6,361 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $2,670,382 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $6,493,246 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.99760 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99850 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $128,932 | InvestmentCostOrOtherBasisAmt |
| Book Value | $128,932 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $33,950,998 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $9,694,229 | DepreciationAmt |
| Book Value | $24,256,769 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,263,409 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,527,413 | DepreciationAmt |
| Book Value | $6,735,996 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $168,830 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $163,303 | DepreciationAmt |
| Book Value | $5,527 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $31,127,224 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $6,596,598 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $6,596,598 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $6,596,598 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,360,492 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $5,360,492 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $5,360,492 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE THE CORPORATION TO EVALUATE THE LEVEL OF UNCERTAINTY RELATED TO WHETHER TAX POSITIONS TAKEN WILL BE SUSTAINED UPON EXAMINATION. ANY POSITIONS TAKEN THAT DO NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD MUST BE QUANTIFIED AND RECORDED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. MANAGEMENT BELIEVES THAT NONE OF THE TAX POSITIONS TAKEN WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS AND NO SUCH LIABILITIES HAVE BEEN RECORDED. IN GENERAL, THE CORPORATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE PERIOD PRIOR TO JUNE 30, 2012. |
| SCHEDULE D, PAGE 4, PART XIII | THERE ARE NO RECONCILING ITEMS BETWEEN THE AUDITED FINANCIAL STATEMENTS AND THE FORM 990. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL SUHOVECKY | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | TREASURER | RelationshipDescriptionTxt |
| Transaction | $137,740 | TransactionAmt |
| Transaction | MANAGEMENT & OPER. | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE CORPORATION IS FORMED AND ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF ADVANCING, ENCOURAGING AND PROMOTING THE INDUSTRIAL, ECONOMIC, COMMERCIAL AND CIVIL DEVELOPMENT OF AN AREA TO SERVE AS A RESEARCH PARK FOR THE COMMON BENEFIT AND GENERAL WELFARE OF THE OHIO STATE UNIVERSITY, THE STATE OF OHIO, FRANKLIN COUNTY, OHIO, THE CITY OF COLUMBUS, OHIO AND THEIR RESPECTIVE COMMUNITIES. |
| FORM 990, PAGE 6, PART VI, LINE 2 | MICHAEL SUHOVECKY WILLIAM WESTBROOK TREASURER BOARD MEMBER PARTNERS -BRIER HILL ASSOC LLC |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE PRESIDENT OF THE OHIO STATE UNIVERSITY HAS THE POWER TO APPOINT FOUR MEMBERS TO SIT ON THE CORPORATION'S BOARD, AND THOSE FOUR MEMBERS MAY BE REMOVED AT ANY TIME BY THE PRESIDENT OF THE OHIO STATE UNIVERSITY. THEN CURRENT BOARD MEMBERS ELECT FIVE ADDITIONAL MEMBERS TO SIT ON THE BOARD FOR ROTATING FIVE YEAR TERMS. |
| FORM 990, PAGE 6, PART VI, LINE 8B | THERE IS NO WRITTEN DOCUMENTATION FOR COMMITTEE MEETINGS AS MINUTES ARE ONLY PREPARED FOR THE BOARD MEETINGS. |
| FORM 990, PAGE 6, PART VI, LINE 9 | MICHAEL MITCHELL PO BOX 5825 DOHA, QA |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE ORGANIZATION'S TREASURER REVIEWS (AND MEETS WITH THE RETURN PREPARER, IF NECESSARY) THE FORM 990. AFTERWARDS, THE TREASURER PRESENTS THE 990 TO THE BOARD OF DIRECTORS FOR REVIEW. AFTER ALL QUESTIONS/COMMENTS HAVE BEEN ADDRESSED FROM BOTH REVIEWS THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PAGE 6, PART VI, LINE 12C | EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THE PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. UPON DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST, THE AFFECTED BOARD MEMBER SHALL EXCUSE HIMSELF FROM THE BOARD MEETING. AT THAT TIME THE REMAINING BOARD MEMBERS WILL DISCUSS THE POTENTIAL CONFLICT AND VOTE UPON WHETHER A CONFLICT OF INTEREST DOES OR DOES NOT EXIST. IF A CONFLICT OF INTEREST IS FOUND TO EXIST, THE BOARD SHALL PURSUE ALTERNATIVES TO THE DISCLOSED TRANSACTION OR ARRANGEMENT. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD SHALL DETERMINE BY A MAJORITY VOTE, OF THE DISINTERESTED DIRECTORS, WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. AFTER MAKING THIS DETERMINATION THE BOARD SHALL DECIDE WHETHER OR NOT TO ENTER INTO THE TRANSACTION OR AGREEMENT. VIOLATIONS OF CONFLICTS OF INTEREST POLICY - IF THE BOARD HAS REASON TO BELIEVE THAT AN INTERESTED PARTY DID NOT DISCLOSE THEIR ACTUAL OR POSSIBLE CONFLICT OF INTEREST THE BOARD SHALL AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE EXPLANATION AND AFTER MAKING FURTHER INVESTIGATION, AS WARRANTED, THE BOARD DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST FROM THE ORGANIZATION. |